Asked by
Joseline Ortega
on Nov 27, 2024Verified
Merchant Mart accepts a shipment of nonconforming goods from Nabob Inc. Under the applicable statute of limitations, with respect to pursuing a remedy against the seller for the shipment, the buyer
A) must warrant that the goods will be returned.
B) is limited to a certain amount of damages.
C) is barred from seeking damages.
D) has a reasonable time to notify the seller of the breach.
Statute of Limitations
The law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.
Nonconforming Goods
Products delivered under a sales contract that fail to meet the specifications, quality, or quantity required by the agreement.
Remedy
The means by which a violation of rights is compensated or the enforcement of rights is achieved, generally through legal proceedings.
- Identify the legal requirements and consequences of accepting nonconforming goods under sales law.
Verified Answer
SC
Learning Objectives
- Identify the legal requirements and consequences of accepting nonconforming goods under sales law.